Canada's Husky Energy swings to Q3 loss, says has cut 1,400 jobs

The company said it has cut about 1,400 jobs till the end of the third quarter ended Sept. 30 and that it also wrote down C$167 million related to legacy oil and natural gas assets in Western Canada. (bit.ly/1jWt8XA)

Husky reported a net loss of C$4.1 billion, or C$4.19 per share, for the third quarter, compared with a profit of C$571 million, or 52 Canadian cents per share, a year earlier. It also posted a profit in the second quarter. ($1 = C$1.3143) (Reporting by Nia Williams and Shubhankar Chakravorty; Editing by Savio D‘Souza)